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 Replies: 18 / Views: 4,947 |
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New Member
United States
12 Posts |
Hey guys, my wife and I are going through a family coin collection that my grandpa and uncle worked on in the 60's and 70's, and we've run across a few interesting ones. Here's a 1793 Washington Ship LE half penny. What do you guys think? Anyone want to take a shot at a grade and value? We will probably send it to PCGS, but we wanted some opinions first. Thanks!   |
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Pillar of the Community
United States
588 Posts |
My Red Book is from 2004, it lists this coin at 950$ In UNC and 675$ in fine. It also says that a plain edge is the rare variety. Is variety the word I want here? I'm not sure, anyway the plain one is the rare one. Beautiful coin! Edited by Podoprigora
04/20/2010 12:35 am
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New Member
United States
47 Posts |
Great coin. Does the coin have any edge lettering?
If sent to PCGS, coin will most likely be graded authentic and labeled as such. Coin shows some signs of cleaning (which is not uncommon for the age of this comm), but is in beautiful condition. Prices range from ~$220 for Fine to ~$800 for XF. I would not worry about the coin code coming back as a 92. These coins (if graded authentic)are not seen that often and the one you have has great detail and will carry a higher premium to a serious collector.
Good Luck
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New Member
 United States
12 Posts |
Thanks for the responses!
Numiseye - it is a lettered edge. So evidence of cleaning wouldn't hurt the value too much? If we sent it to PCGS, will they still grade it and add the 92, or will they just say 92 and send it back?
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Pillar of the Community
United States
1490 Posts |
Wow! What a nice coin. Thanks for showing it to us. Definitely let us know what it comes back from PCGS as.
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Pillar of the Community
United States
731 Posts |
Remarkably beautiful!
Do I see evidence of die clashing between 2 and 3 o'clock on the reverse of the specimen?
Diagnostically, does the specimen have edge lettering: "PAYABLE IN ANGLESEY"? If so, this is a Baker-18/Breen 1225, with a rarity of URS-9 (125-249 known)
I think this looks to be at AU :)
Whitman ests. AU @ $1500, and EF @ $850.
Edited by CheetahCats
04/20/2010 9:55 pm
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Valued Member
United States
220 Posts |
A beautiful coin.  I have a 1793 Washington Ship 1/2P, too.  It was graded AU55 by PCGS.   |
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Valued Member
United States
220 Posts |
I am not good at taking pictures. Below please find pictures from the Heritage.   |
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Pillar of the Community
United States
1934 Posts |
cheetah asked, "Do I see evidence of die clashing between 2 and 3 o'clock on the reverse of the specimen?"
good eye. I see it.
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New Member
United States
12 Posts |
Yes, it is the lettered edge version. It says "Payable in Anglesey London or Liverpool".
CheetahCats - if I knew what die clashing is, I could tell you if it had it :-) We're beginners and just starting to dive into the collection. So it's safe to say this one could be graded AU?
Thanks guys!
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Pillar of the Community
United States
731 Posts |
A clash is an impression of part of a device or legend of one die onto the field of the die facing it in the press. This is caused when the coin's dies strike one another without a planchet in between them... or in some cases, when the dies are violently dropped onto one another, like what happened with the 1783 Nova Constellatio Crosby 1-A. In this case, the first explanation is what appears to have happened. Pursuant to Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins, Walter Breen, (c)1988, pg.138:
- Breen confirms indeed that specimen 1225 has severely clashed and buckled dies associated with later strikings.
- Breen also reports that ship rigging and overdate are also quite gone towards late die stage; hair details of Washington also become more and more vague. For much later die stages, there are breaks in AG, GT, and in Washington's bust.
- Lettered edge indicates same edge as Breen-1223, Liverpool Halfpenny.
Therefore, based on these diagnostics, I am quite confident that this specimen is indicative of a Breen-1225 as suspected. And as apparent in this specimen, I would venture to estimate [should this specimen be proven genuine] that this specimen was minted somewhere in intermediate-to-late die stage, as some aspects of rigging is missing, as well as some details of Washington's hair. This specimen may indeed be of higher grade than AU-50. Worn appearance with devices may be the result of die condition, rather than circulation. This of course, is only my opinion. TPG would of course have final say with respect to attribution & diagnostics, as well as verify genuineness. Edited by CheetahCats
04/21/2010 04:04 am
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Moderator
 United States
23522 Posts |
Quote:
So it's safe to say this one could be graded AU? That's a safe assumption.  Strongly-struck on fairly new dies, as well - note the strength of the rigging in the ship. Excellent pics, by the way. |
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Pillar of the Community
United States
2541 Posts |
Very nice coin. I've never seen one of these before!
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Valued Member
United States
367 Posts |
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Pillar of the Community
United States
731 Posts |
stream41 -> any other specimens that you obtained which are of similar age / type?
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Valued Member
United States
68 Posts |
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Replies: 18 / Views: 4,947 |
Posted 04/20/2010 01:11 am
